AWE expects over $50M in impairments

AWE Limited has announced that it expects to report non-cash impairments of $50.1 million after tax in its upcoming half-year results.

AWE expects over $50M in impairments AWE expects over $50M in impairments AWE expects over $50M in impairments AWE expects over $50M in impairments AWE expects over $50M in impairments

The charges reflect the impact of the low oil price environment on the carrying values of oil producing assets and pertain to the company's Cliff Head and Tui assets.

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